550 Okeechobee Boulevard, Unit 623, West Palm Beach, FL 33401For Sale
$999,000
2beds2.00baths1721sqft

550 Okeechobee Boulevard, Unit 623, West Palm Beach, FL 33401

MLS#: R11142483
Condominium
Built in 2008
-- sqft lot
$580/sqft
115 days on market
$6,964/yr tax

What's special

CityPlace South Tower is the healthiest high-rise condo in Downtown West Palm Beach! No Projected Special Assessments & Virtually No Maintenance Fee Increases in 2026! Association is Compliant with statutory SIRS Requirements and has Very Healthy Reserves! In a market where space is hard to come by, this residence delivers one of the most comfortable and generous layouts you'll find downtown at this price point. The oversized living room and open floorplan offer far more room than what you typically see in comparable homes, making day-to-day living both relaxed & functional. With 1,721 square feet of interior space and an additional 342-square-foot balcony, this two-bedroom plus den lives more like a single-family home than a condo. The home is also fully ADA compliant, offering enhanced accessibility and ease of movement throughout. The expansive great room flows seamlessly into the dining area and out onto the terrace, with floor-to-ceiling hurricane-impact windows filling the space with natural light. Custom-built closets throughout add thoughtful convenience and help keep the home organized. Both bathrooms offer a calm, spa-inspired feel that complements the home's bright, contemporary design. The den provides valuable flexibility, ideal for an office, media room, or guest space. Set in the heart of Downtown West Palm Beach, you're surrounded by the best of what the city has to offer. The neighborhood is experiencing remarkable growth, with billions in new developments including luxury hotels, Class-A office towers, enhanced waterfront spaces, and world-renowned dining such as Eataly, Milos, and Harry's of New York. Downtown is quickly becoming one of South Florida's most sought-after urban destinations for both residents and investors. CityPlace South Tower provides a full suite of resort-style amenities: 24-hour concierge, valet parking, a state-of-the-art fitness center, designer club room, summer kitchen pavilion, and a stunning pool and spa deck overlooking the city. Exciting new renovations to the already-exquisite pool deck, clubroom, and conference room are now complete, further elevating this iconic Downtown address! Lobby entrance remodeling is also well underway and scheduled for completion in early 2026, promising an elevated and refreshed arrival experience! From this location, you can walk to CityPlace, Brightline, the Kravis Center, Clematis Street, the Norton Museum, the waterfront, and even Palm Beach Island. With immediate rental availability (30-day minimum, up to 12 times per year), this residence also presents excellent investment flexibility. A rare combination of space, accessibility, and location, offering an effortlessly livable downtown lifestyle.

115 days on Horizon Palm

Listing office: Compass Florida LLC · MLS#: R11142483


Map

550 Okeechobee Boulevard, Unit 623, West Palm Beach, FL 33401


Facts & features

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2.00

Heating

Heating: Central, Electric

Cooling

Cooling: Central Air, Ceiling Fans, Electric

Appliances

Appliances: Dryer, Dishwasher, Electric Range, Free Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Features

Interior features: Breakfast Area, Bathtub, Closet Cabinetry, Dual Sinks, Living Dining Room, Split Bedrooms, Soaking Tub, Separate Shower, Tub Shower, Walk In Closets
Flooring: Ceramic Tile
Window features: Blinds, Storm Windows
Laundry: Inside, Laundry Closet, Washer Dryer Install Allowed

Interior area

Total interior livable area: 1721 sqft

Room dimensions

Bedroom2: 15.4 X 14 (Main)
Converted Bedroom
Den: 10 X 10 (Main)
Family Room
Kitchen: 13 X 9.3 (Main)
Laundry
Living Room: 25.4 X 19 (Main)
Primary Bedroom: 18.8 X 15.1 (Main)

Parking

Garage spaces: 2.00
Parking features: Assigned, Attached, Covered, Garage, Guest

Features

Stories: 20.00
View: City
Exterior features: Built In Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area, Outdoor Shower
Patio & porch: Covered, Wrap Around, Balcony
Pool features: Association
Waterfront features: None
Window features: Blinds, Storm Windows

Lot

Lot features: Corner Lot

Details

Parcel number: 74434328340000623
Zoning: CPD(ci

Type & style

Home type: Condominium

Materials

Construction materials: Metal Siding, Concrete, Stucco
Roof: Concrete, Spanish Tile, Tile

Condition

Year built: 2008

Community

Subdivision: Cityplace South Tower Condo
Community features: Gated, Property Manager On Site, Street Lights, Sidewalks
Association amenities: Bike Storage, Business Center, Clubhouse, Fitness Center, Library, Management, Picnic Area, Pool, Parking, Sauna, Spa Hot Tub, Sidewalks, Trash, Elevators

HOA

HOA: Yes
HOA fee: $1821.81 monthly
Fee includes: Common Areas, Cable Tv, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Security, Trash, Water, Internet

Utilities

Utilities: Cable Available, Sewer Available, Water Available
Sewer: Public Sewer

Details

Price/sqft: $580
Annual taxes: $6, 964 (2025)
Date on market: 11/21/2025
Days on market: 115
Listing terms: Cash, Conventional, Va Loan
Listing agent: Alyse Keller
Listing office: Compass Florida LLC
MLS ID: R11142483

Price history

For Sale

2025-11-21T05:00:00.000Z · Compass Florida LLC

$999,000

$580/sqft

Payment calculator

$730/mo
Principal & interest
$0
Property taxes
$580
Home insurance
$150

This is an estimate based on a 30-year fixed-rate mortgage at 6.75% APR. Actual rates and payments may vary. Contact a lender for exact quotes.


West Palm Beach

West Palm Beach, FLPalm Beach County33401
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